Setting Pay Levels: Efficiency Wage Models

Slides:



Advertisements
Similar presentations
P449. p450 Figure 15-1 p451 Figure 15-2 p453 Figure 15-2a p453.
Advertisements

Chapter 1 Introduction. Copyright © 2003 by Pearson Education, Inc.1-2.
© Oxford University Press How are the plates moving?
Chapter 2 Kenneth J. McLaughlin, Labor Economics Copyright © 2016 Oxford University Press.
Chapter 6 Kenneth J. McLaughlin, Labor Economics Copyright © 2016 Oxford University Press.
Chapter 3 Kenneth J. McLaughlin, Labor Economics Copyright © 2016 Oxford University Press.
Pay and Productivity: Wage Determination within the Firm
Chapter 08 The T Cell Receptor: Proteins and Genes
Managing Human Resources Globally
Empirical Methods in Personnel Economics
Developing an Approach to Total Compensation
Introduction Chapter One Francine D. Blau and Anne E. Winkler,
Using Performance-Based Pay to Achieve Strategic Objectives
The Family as an Economic Unit: Theoretical Perspectives
Brand Research Overview
Team Production in Practice
Some Caveats: Sabotage, Collusion, and Risk Taking in Tournaments
Complementarity, Substitutability, and Ability Differences in Teams
A Simple Model of Tournaments
Solving the Principal’s Problem
Pigeons and Pecks: Incentives and Income Effects
Chapter 13 Replacement Analysis
Interest and Equivalence
Present Worth Analysis
Unfair and Uneven Tournaments
Chapter Ten Evidence on the Sources of Gender Differences in Earnings and Occupations: Supply-Side Factors versus Labor Market Discrimination Francine.
Solving the Agent’s Problem
Chapter 7 Protein Structure and Function
Choosing Qualifications
Extensions: Uncertainty, Risk Aversion, and Multiple Tasks
Setting Pay Levels: Monopsony Models
Structure of the Principal-Agent Problem
Incentives in Teams and the Free-Rider Problem
The Family as an Economic Unit: Evidence
Training Chapter Nineteen Peter Kuhn, Personnel Economics
Recruitment: Formal versus Informal? Broad versus Narrow?
Chapter Eighteen A Comparison of the United States to Other Economically Advanced Countries Francine D. Blau and Anne E. Winkler, The Economics of Women,
Sources of Brand Dilution
Chapter 11 Incentive Pay Call it what you will, incentives are what get people to work harder. —Nikita Khrushchev.
Reciprocity at Work: Gift Exchange, Implicit Contracts, and Trust
Chapter Eight Performance Pay at Safelight Glass. Higher Productivity, Pay, and Profits Peter Kuhn, Personnel Economics Copyright © 2018 Oxford University.
Brands vs. Products: Types of Brand Associations
The BLIP Model: A Framework for Brand Management
Labor Market Discrimination: Theory
Importance of Brands and Brand Management
A Three-Dimensional Approach to Economics
Estimating Engineering Costs and Benefits
Chapter 6.
Chapter 11 Kenneth J. McLaughlin, Labor Economics Copyright © 2016 Oxford University Press.
Choosing Teams: Self-Selection and Team Assignment
Chapter 11 Michael A. Bailey, Real Econometrics Copyright © 2017 Oxford University Press.
Michael A. Bailey, Real Stats Copyright © 2016 Oxford University Press
Chapter 4 Kenneth J. McLaughlin, Labor Economics Copyright © 2016 Oxford University Press.
Chapter 2 Michael A. Bailey, Real Econometrics Copyright © 2017 Oxford University Press.
Equivalence for Repeated Cash Flows
Michael A. Bailey, Real Stats Copyright © 2016 Oxford University Press
Chapter 7 Michael A. Bailey, Real Econometrics Copyright © 2017 Oxford University Press.
SOCIAL CHOICE: HOW MUCH ENVIRONMENTAL PROTECTION?
Clinical Neuroscience
Chapter 8 Kenneth J. McLaughlin, Labor Economics Copyright © 2016 Oxford University Press.
Chapter 1 Functions.
Appendix A INTRODUCTION TO SPREADSHEETS
Chapter 5 Michael A. Bailey, Real Econometrics Copyright © 2017 Oxford University Press.
Chapter 5 Kenneth J. McLaughlin, Labor Economics Copyright © 2016 Oxford University Press.
Chapter 13 Real Econometrics Second Edition Michael A. Bailey
Chapter 9 Real Econometrics Second Edition Michael A. Bailey
Chapter 10 Real Econometrics Second Edition Michael A. Bailey
Chapter 14 Real Econometrics Second Edition Michael A. Bailey
Chapter 12 Real Econometrics Second Edition Michael A. Bailey
Chapter 11 Real Econometrics Second Edition Michael A. Bailey
Presentation transcript:

Setting Pay Levels: Efficiency Wage Models Chapter Eighteen Setting Pay Levels: Efficiency Wage Models Peter Kuhn, Personnel Economics Copyright © 2018 Oxford University Press

Figures and Tables Peter Kuhn, Personnel Economics Copyright © 2018 Oxford University Press

TABLE 18.1 Present Values of Utility (PVU) from Working Versus Shirking: The Constant-Wage Case Peter Kuhn, Personnel Economics Copyright © 2018 Oxford University Press

TABLE 18.2 Present Values of Utility (PVU) from Working Versus Shirking, With Bonding Peter Kuhn, Personnel Economics Copyright © 2018 Oxford University Press

TABLE 18.3 Present Values of Utility from Working Versus Shirking, with Deferred Compensation Peter Kuhn, Personnel Economics Copyright © 2018 Oxford University Press

TABLE 18.1 Deferred Compensation and Retirement Incentives Peter Kuhn, Personnel Economics Copyright © 2018 Oxford University Press